The Hain Celestial Group (NASDAQ:HAIN) Given Neutral Rating at DA Davidson

The Hain Celestial Group (NASDAQ:HAINGet Free Report)‘s stock had its “neutral” rating reaffirmed by investment analysts at DA Davidson in a research report issued on Tuesday,Benzinga reports. They presently have a $1.50 target price on the stock. DA Davidson’s price objective points to a potential upside of 20.48% from the stock’s current price.

Several other research firms also recently issued reports on HAIN. Zacks Research downgraded The Hain Celestial Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of The Hain Celestial Group in a research report on Friday, January 9th. Finally, Wall Street Zen raised shares of The Hain Celestial Group from a “sell” rating to a “hold” rating in a research note on Sunday, November 16th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $2.63.

View Our Latest Stock Report on The Hain Celestial Group

The Hain Celestial Group Trading Up 0.4%

Shares of HAIN stock traded up $0.01 on Tuesday, hitting $1.25. 537,795 shares of the stock traded hands, compared to its average volume of 2,026,971. The firm’s 50-day moving average price is $1.14 and its two-hundred day moving average price is $1.41. The stock has a market capitalization of $112.76 million, a PE ratio of -0.21 and a beta of 0.61. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.06 and a current ratio of 1.89. The Hain Celestial Group has a twelve month low of $1.00 and a twelve month high of $5.07.

The Hain Celestial Group (NASDAQ:HAINGet Free Report) last released its earnings results on Friday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). The Hain Celestial Group had a negative net margin of 34.69% and a positive return on equity of 0.77%. The firm had revenue of $367.88 million during the quarter, compared to analyst estimates of $361.09 million. As a group, analysts anticipate that The Hain Celestial Group will post 0.4 EPS for the current year.

Insiders Place Their Bets

In other The Hain Celestial Group news, Director Carlyn R. Taylor sold 53,957 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $1.17, for a total value of $63,129.69. Following the transaction, the director owned 264,203 shares of the company’s stock, valued at approximately $309,117.51. This represents a 16.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.71% of the company’s stock.

Institutional Trading of The Hain Celestial Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Byrne Asset Management LLC lifted its position in shares of The Hain Celestial Group by 206.3% in the 4th quarter. Byrne Asset Management LLC now owns 148,600 shares of the company’s stock valued at $159,000 after acquiring an additional 100,090 shares in the last quarter. Coldstream Capital Management Inc. bought a new position in The Hain Celestial Group during the third quarter valued at approximately $29,000. Voleon Capital Management LP acquired a new position in shares of The Hain Celestial Group during the 3rd quarter worth $43,000. Divisadero Street Capital Management LP acquired a new stake in shares of The Hain Celestial Group in the 3rd quarter valued at $610,000. Finally, Alliancebernstein L.P. raised its holdings in The Hain Celestial Group by 9.7% during the third quarter. Alliancebernstein L.P. now owns 179,290 shares of the company’s stock valued at $283,000 after buying an additional 15,900 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Key Stories Impacting The Hain Celestial Group

Here are the key news stories impacting The Hain Celestial Group this week:

The Hain Celestial Group Company Profile

(Get Free Report)

The Hain Celestial Group, Inc (NASDAQ: HAIN) is a leading global producer and marketer of natural and organic branded products. The company operates through two principal segments—Grocery and Personal Care—offering a diversified portfolio that spans shelf-stable foods, snacks, beverages, condiments and natural personal care items. Its product lineup addresses growing consumer demand for clean-label, plant-based and ethically sourced offerings in everyday categories.

Within its Grocery segment, Hain Celestial markets well-known brands such as Celestial Seasonings teas, Earth’s Best organic baby foods, Rudi’s organic bakery items, Terra vegetable chips and Sensible Portions snacks.

Featured Articles

Analyst Recommendations for The Hain Celestial Group (NASDAQ:HAIN)

Receive News & Ratings for The Hain Celestial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hain Celestial Group and related companies with MarketBeat.com's FREE daily email newsletter.